Annabelle Ju
Based in New York, Annabelle Ju covers North American institutional investors and fund regulation as the US Private Equity Reporter for Private Equity International and private funds management. She previously reported on market structure at Bloomberg and obtained her Master of Science degree from Medill School of Journalism at Northwestern University.
New York-based Cornell Capital, founded by a former vice chair of Goldman Sachs merchant bank, has a target of $2bn for its latest fund.
.jpg?id=12885365783 "Blackstone’s Baratta: 20% carry is not under threat")
The firm’s global head of private equity Joseph Baratta thinks firms can continue to charge the standard 20% carry as long as they consistently deliver good returns.
Jean-Philippe Barade joins the consumer sector-focused firm as partner from B&B Investment Partners at a time when L Catterton is looking to expand in Europe.
The fund is yet another Thoma Bravo investment vehicle to reach its hard-cap, and more than doubles the size of Fund XI.
.jpg "Citco launches automated waterfall calculation tool")
The product, Citco Waterfall, launched in Q2 this year to meet demand from GPs, who sought a better method for calculating waterfall payments in a standardised way.
Mark Grabowski has left L Catterton after a decade to fill a newly-created role, consumer sector partner, at TPG Growth.
Aethon Energy, fresh from its first co-investment with a Canadian pension fund, discusses what’s driving the firm’s energy sector activity
The lower mid-market firm closed beyond its $400m target, thanks to its returning LPs.
Jack Daly joins TPG after a 17-year career at GS, replacing Kevin Burns, who left the PE firm last year to run one of its portfolio companies.
The $108m Global Health Investment Fund, backed by the Bill and Melinda Gates Foundation, has already deployed half its capital, and aims to be 65% invested by year’s end.